User Account

All Pages

Discuss the basic category of statistical procedure

Assignment Help Management Theories
Reference no: EM131644853

Question: Suppose Super-Value, a major retail food company, is thinking of introducing a new product line into a market area. It is important to know the age characteristics of the people in the market area.

a. If the executives wish to calculate a number that would characterize the "center" of the age data, what statistical technique would you suggest? Explain your answer.

b. The executives need to know the percentage of people in the market area that are senior citizens. Name the basic category of statistical procedure they would use to determine this information.

c. Describe a hypothesis the executives might wish to test concerning the percentage of senior citizens in the market area.

Reference no: EM131644853

Questions Cloud

What conclusion was reached using the estimation : Keeping in mind the goal of the estimation, discuss whether you believe that the estimation was successful and why.
Discuss descriptive statistics and inferential statistics : Indicate whether the situations you are describing involve descriptive statistics or inferential statistics or a combination of both.
Compute the annual depreciation to be charged : In 1990, Cheyenne Company completed the construction of a building at a cost of $2,160,000, Compute the annual depreciation to be charged, beginning with 2019
The individual values of public administrators : Ensuring ethical conduct depends upon the nature of decisions that individual administrators make and the values they hold. Do you think ethics can be taught?
Discuss the basic category of statistical procedure : The executives need to know the percentage of people in the market area that are senior citizens. Name the basic category of statistical procedure they would.
Discuss job analysis job descriptions and specifications : Discuss job analysis, job descriptions, and specifications. Analyze various techniques, considerations, and designs of employee compensation programs.
Describe advantages and disadvantages of saas : Describe advantages and disadvantages of SaaS. Explain vendor selection considerations - How has the proliferation of mobile devices affected IT professionals
Define ethical standards for transferring knowledge : Demonstrate effective verbal, written, and technological communication using legal and ethical standards for transferring knowledge
Compute the rate of return on investment : Zucker Global Products, Inc. had net sales of $299,999; net income of $20,600; total assets of $795,180; Compute the rate of return on investment

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd